Capco property values up by a fifth to £2.3bn February 25, 2014 CAPITAL & Counties (Capco) said a strong performance from its sprawling Covent Garden estate helped push the total value of its property up by 20 per cent to £2.3bn last year. The developer, which has been bringing in new upmarket tenants including Dior, Laduree and the restaurant Balthazar, said the value of its west end [...]
London’s Gotham City tower is approved February 25, 2014 Plans for a £400m office scheme nicknamed 'Gotham City' have been granted planning permission by the City of London, developer Henderson Global Investors confirmed today. The Make-designed scheme at 40 Leadenhall Street, which was inspired by the same US neo-gothic architect that influenced Tim Burton’s Batman movies, will be one of the UK’s biggest office [...]
Wake up and smell the coffee February 23, 2014 Annabel Palmer talks to Coco di Mama founders Daniel Land and Jeremy Sanders – the childhood friends and pasta fanatics who are bringing quick service Italian to professionals across the City UK PASTA sales grew by 6 per cent between 2011 and 2012 to reach £557m. We’re not the only ones engaged in an ongoing [...]
Giant panda numbers are up: see them in Chengdu February 23, 2014 They famously eat shoots and leaves. LISA YOUNG gets up-close and personal with the Chinese city’s most famous residents IT’S a warm August morning, the time of year when the sizzling Chengdu summer gives way to cooler climes. Chengdu sits in a fog-filled bowl 500 metres above sea level in the Sichuan Province of south [...]
Heston Blumenthal serves up a double helping of profits February 17, 2014 PROFITS at Heston Blumenthal’s business empire, which includes the three Michelin-starred Fat Duck restaurant and Knightsbridge’s Dinner, doubled to £2.3m in the year to June last year, accounts filed on Companies House show. The celebrity chef’s holding company SL6 reported a 14.2 per cent jump in sales to £12.8m. It paid out a dividend of [...]
Pub backing helping Brasserie Bar Co think big February 17, 2014 A CHAIN of restaurants named after French chef Raymond Blanc has secured £13.5m of funding to grow its gastropub brand. Brasserie Bar Co, the owner of Brasserie Blanc restaurants, said today that the funds from private equity firm ESO Capital will be used mainly to expand its White Brasserie pub chain. The group, which runs [...]
Kickstarter says hackers stole customer data February 16, 2014 KICKSTARTER, the crowdfunding platform used by thousands of small and medium-sized enterprises, admitted yesterday that US law enforcement had informed it of a major data breach last week. The company said that user’s credit card information had not been accessed, but that some usernames, email addresses and encrypted passwords had been compromised. “We set a [...]
Focus on Kennington: Undiscovered gem in south London February 13, 2014 IT’S HARD to find an area in this city that hasn’t been re-discovered, re-packaged, and re-sold to the highest bidder in recent years. But one pocket of central London still remains an underrated gem, ripe for development, and increasingly attractive to investors. Kennington, located just south of the river from Westminster, has housed a heady [...]
This Valentine’s Day’s most unromantic gestures February 13, 2014 It’s the day before Valentine’s Day. Millions of people are no doubt racking their brains to think of something romantic to do for their loved one, manically typing “Valentine’s ideas” into Google and hoping some fresh idea will have appeared since they first Googled it this morning. The weather’s too bad for a romantic [...]
Londoners back developer plan for Smithfields February 10, 2014 HENDERSON Global Investors said that over half of Londoners had backed its £160m scheme to redevelop part of Smithfield market, as the developer prepares to battle it out with opponents at a public inquiry today. A YouGov poll carried out on behalf of the developer found that 54 per cent of the 1,100 people questioned [...]